Guts to Glory in Paris - Paris, KY, 40361

Bourbon County, Paris, KY, 40361
Sold
Listed at: July 8th, 2024
Price
$17,500
ARV
$110,000
Gross Margin
$92,500
Sq. Footage
798
Type
Single-Family
Parking
Unassigned
Year build
1999
Lot size
0.25 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

Details:

  • 2bd/1ba with 798 sqft
  • Vacant
  • Closing on or before 08/27/24
  • Market Rent: $900.00
  • Current Rent: N/A
  • Ready to be gutted and fully restored

ARV is $110,000 based on the following comps:

 

  • 812 East 8th St in Paris is a Renovated 2 Bed / 1 Bath with 936 sqft that sold for $157,000 on 7/31/2023 ($167.74 per SqFt)
  • 804 East 8th St is a Renovated 1 Bed / 1 Bath with 880 sqft that sold for $140,000 on 5/30/2023 ($159.09 per SqFt)
  • 145 East 8th St is an AS-IS 2 Bed / 1 Bath with 870 sqft that sold for $85,500 on 6/21/2023 ($98.27 per SqFt)

Repairs:

 Roof: Needs new roof

HVAC: Needs new hvac system

Flooring: Needs subfloor work and new flooring

Kitchen: Needs complete update

Bathroom: Needs new bathroom

Windows: Needs all new windows

Foundation: No known or reported issues, buyer due diligence

Other: Needs everything, contractor special

 

These deals move fast. If you would like to lock the property up, our client accepts sight-unseen, no-contingency cash offers.

$2,500 non-refundable deposit required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Andy Klunder

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Disposition manager